INSTITUTT FOR HANDELSANALYSER AS

0283 OSLO

Finances

Share Ownership

Return on Equity

7,48 %

Current Ratio

3,97

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 000	159 000	210 000	307 000
Net Income	−112 000	−125 000	−177 000	−176 000
Total Assets	119 000	108 000	139 000	179 000
Total Equity	−1 498 000	−1 386 000	−1 261 000	−1 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 000	159 000	210 000	307 000
Expenditure	154 000	226 000	388 000	456 000
Operating Profit	−84 000	−67 000	−177 000	−149 000
Financial Income	0	0	1 000	1 000
Financial Costs	28 000	58 000	0	28 000
Financial Balance	−28 000	−58 000	1 000	−27 000
Earnings Before Tax	−112 000	−125 000	−177 000	−176 000
Tax	0	0	0	0
Net Income	−112 000	−125 000	−177 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	119 000	108 000	139 000	179 000
Total Assets	119 000	108 000	139 000	179 000
Total Retained Equity	−1 648 000	−1 536 000	−1 411 000	−1 234 000
Total Equity	−1 498 000	−1 386 000	−1 261 000	−1 084 000
Total Long-Term Debt	1 587 000	1 494 000	1 362 000	1 262 000
Total Current Debt	30 000	0	39 000	2 000
Total Equity and Debt	119 000	108 000	139 000	179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	159 000	210 000	307 000
Other Income	0	0	0	0
Revenue	70 000	159 000	210 000	307 000
Cost of Goods Sold	135 000	190 000	239 000	177 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	154 000	226 000	388 000	456 000
Operating Profit	−84 000	−67 000	−177 000	−149 000
Financial Income	0	0	1 000	1 000
Financial Costs	28 000	58 000	0	28 000
Financial Balance	−28 000	−58 000	1 000	−27 000
Dividends	0	0	0	0
Net Income	−112 000	−125 000	−177 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	75 000	75 000
Total Investments	0	0	0	0
Cash, Bank	33 000	28 000	27 000	27 000
Total Current Assets	119 000	108 000	139 000	179 000
Total Assets	119 000	108 000	139 000	179 000
Total Equity	−1 498 000	−1 386 000	−1 261 000	−1 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 587 000	1 494 000	1 362 000	1 262 000
Creditors	0	0	39 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	0	0	0
Total Current Debt	30 000	0	39 000	2 000
Total Equity and Debt	119 000	108 000	139 000	179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,48 %	9,02 %	14,04 %	16,24 %
Debt-to-Equity Ratio	−1,06	−1,08	−1,08	−1,16
Operating Profit Margin	−120 %	−42,14 %	−84,29 %	−48,53 %
Current Ratio	3,97	-	3,56	89,5
Quick Ratio	3,97	-	−3,86	−2,45
Equity Ratio	−12,59	−12,83	−9,07	−6,06
Gross Profit Margin	−92,86 %	−19,5 %	−13,81 %	42,35 %